University of Michigan survey at all time low as consumers inflation concerns outweigh expected income growth Consumer sentiment continued its downward trend, falling 14.4% in June, according to the University of Michigan Surveys of Consumers. The June consumer sentiment index reading was an all-time low for the survey, comparable to the trough reached during the […]
New Vehicle Sales Projected to Decline Again in June Compared to Last Year
New-vehicle transaction prices projected at all-time high. New-vehicle retail sales for June 2022 are expected to decline when compared with June 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% decrease compared with June 2021 when adjusted […]
IBIS Global Summit Announced for Milan, Italy June 28-30, 2023
Having left behind yet another memorable IBIS Global Summit, held on last week from June 15-17 at Le Méridien Beach Plaza in Monte Carlo, Monaco, IBIS Worldwide have already set to work on producing another world class event for its 2023 IBIS Global Summit conference. At last week’s event, it was announced that the IBIS […]
Christina Pletnewski Named Chief Marketing Officer at Safelite
Safelite announced the appointment of Christina Pletnewski to Chief Marketing Officer. “Christina’s journey since joining our business in 2016 as Vice President of Marketing demonstrates her vast talent and ability to manage multiple key areas of our business successfully,” said Renee Cacchillo, Safelite’s President and CEO. As Vice President, Pletnewski led TV creative and media, […]
Auto Industry CEOs Call on Congress to Pass Semiconductor Funding ‘Critical’ to U.S. Competitiveness
More than 20 CEOs spanning automotive manufacturers, suppliers and innovators sent a letter to members of Congress negotiating final competition legislation, urging quick passage of a bipartisan bill, the CHIPS for America Act, which includes funds to increase domestic capacity and resilience of semiconductor supply chains ‘critical’ to the future of the auto industry in […]
Service King Unveils its First-Ever LEED-Certified Collision Repair Facility in San Antonio
Service King’s comprehensive approach to sustainability and emphasis on strategies for environmental and health performance was brought to life through its first Leadership in Energy and Environmental Design (LEED)-certified facility in the San Antonio, Texas market. Located at 7507 W. Loop 1604 N. in Alamo Ranch, the new 13,600-square-foot body repair shop features a LEED […]
UVeye Announces Strategic Collaboration with General Motors to Commercialize Vehicle Inspection Technology Globally
UVeye receives investment from GM’s capital venture arm. UVeye, a provider of advanced vehicle diagnostic systems, announced that it has received an investment from the capital venture arm of General Motors, GM Ventures, to help fund the development and commercialization of the company’s vehicle inspection technology. UVeye also has entered into a commercial agreement with […]
Global Finishing Solutions Announces Collision Repair Technician Training Partnership with Lincoln Tech
Global Finishing Solutions (GFS) announced a new partnership with Lincoln Tech to train the next wave of collision repair technicians. GFS is working with Lincoln Tech to help produce qualified, entry-level collision repair technicians and connect them with an array of career opportunities. Lincoln Tech students across the country are learning the ins and outs […]
PPG Introduces New Color Matching Tools for Global Refinish Industry
PPG (NYSE: PPG) yesterday announced the introduction of PPG VisualizID advanced 3D visualization software and the PPG DigiMatch digital color camera for easier and faster color matching in body shops. The advanced tools are the latest components of the PPG LINQ end-to-end digital solution for the global refinish industry. With the PPG LINQ digital solution, […]
Caliber Announces New Collision Repair Facility is its 1,500th Location
New South Carolina location marks milestone for the largest U.S. collision repair provider. On June 20, Caliber Collision opened a new center at 1233 East Butler Road in Greenville, S.C., marking the multiple shop operator’s 1,500th location nationwide. With more than 24,000 teammates across the country, the Caliber family of brands – including Caliber Auto […]
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